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182 of the letter, and they were still discussing it, without apparently getting anywhere. They had tacitly agreed that, without more evidence than they now possessed, it would be folly to go to Bascome again.

"Let's get out of here," proposed Tom, after some more talk on the subject. "We're almost late for chapel as it is."

It is doubtful if either of the three chums gave much consideration to the services that morning. Their minds were too much filled with other matters.

Dr. Churchill made an announcement to the effect that there might soon be some news to communicate in the matter of the suit against the college.

"At present," he stated, "the matter is in the hands of the lawyers, and we hope to effect a compromise. If we arrive at one, I shall be most happy to let you young gentlemen know of it. Of course, too, there is the possibility of unfavorable news. But, in any event, I know that you will be loyal to the college."

'You bet!" cried Bean Perkins, fervently, and he was not rebuked, for the devotional exercises were over.

"I wonder what Prexy meant by bad news?" asked Holly Cross, as he walked over the campus with Tom and several other chums.